![]() |
![]() |
OMB
COST ESTIMATE
FOR PAY-AS-YOU-GO CALCULATIONS
Report No: 556
Date: 07/18/2001
(Fiscal years; in millions of dollars) | ||||||
2001 | 2002 | 2003 | 2004 | 2005 | 2006 | |
Net costs.................................... | 0 | 0 | 0 | 0 | 0 | 0 |
(Fiscal years; in millions of dollars) | ||||||
2001 | 2002 | 2003 | 2004 | 2005 | 2006 | |
Net costs.................................... | -2 | -1 | 0 | 0 | 0 | 0 |
CBO estimates that spending will lag receipts, so that receipts will exceed outlays in the first two years.
(Fiscal years; in millions of dollars) | ||||||
2001 | 2002 | 2003 | 2004 | 2005 | 2006 | |
Outlay effect.............. | 3 | 16,638 | 20,274 | 21,014 | 22,071 | 7,413 |
Receipt effect............ | -69,501 | -35,105 | -84,594 | -103,783 | -104,396 | -123,372 |
Net costs.................... | 69,504 | 51,743 | 104,868 | 124,797 | 127,007 | 130,785 |
NOTE: The cumulative effect of direct spending and revenue legislation enacted to date is currently estimated to result in an end-of-session sequester. The Administration looks forward to working with the Congress to ensure that an unintended sequester does not occur.